Strong G2 and Nexus 5 sales lead to a huge 13.2 million units shipped in Q4

LG has just posted its complete Q4 2013 and full year 2013 financial results, and it looks like it was another big year for the Korean manufacturer. In terms of just the fourth quarter, LG as a whole posted revenues of $14.03 billion, leading to an operating profit of $223.89 million but a net loss in the end of $60.21 due mostly to non-operating expenses. LG's mobile division made up $3.38 billion of those revenues, which was up 18 percent quarter-over-quarter.

Looking at 2013 as a whole, LG saw a small bump in revenues to $53.1 billion, leading to an operating profit of $1.17 billion but a net profit of just $203.67 million. Again breaking out just the mobile business, annual revenues were up 29 percent year-over-year to $11.85 billion.

Building on strong sales of its LTE handsets like the G2 and Nexus 5, LG sold 13.2 million phones in the quarter, which is an increase of 54 percent over the previous year. That's also a notable jump over the 12 million it shipped in Q3. LG is on a pretty solid trajectory upwards in terms of shipments and revenues in the mobile space, and we don't see it slowing down any time soon.

You may think it's a big deal, but it's really not. The majority don't even know what version they're currently running, nor do they care. The minority, which is us, tend to be the only ones usually complaining about updates, or lack there of... well, not me anymore actually, since I got the G2. I couldn't care less what version this is running, because it runs like a top! Sure, I can rom it and put 4.4 on here, but why take the chance introducing potential bugs into a phone that is currently completely bugless for me right now? Just saying, I'm not in any rush to get 4.4 on this phone by any means. I rooted and am utilizing xposed to take care of a few main gripes I had with the UI of this device, and it's still completely bugless. Couldn't be happier. So I honestly do believe those that get all bent out of shape about updates, and let the update schedule affect whether or not they make the purchase, are in the minority, and are potentially missing out on what could be the best device, and most pleasant experience with a smartphone (LG, Samsung, HTC, or whatever...), they've ever had.

What annoyed me when I saw the update alert in notification centre. The girl showed me her phone saying "can this be removed" and I was like... This is an update, you have to install it. She's like "er..... What"

Hardly anyone even knows it exists outside the US. Do you really think consumers, or the OEMs care at all about the Nexus? If it didnt exist it would have virtually NO impact on the Android world. Sites like this greatly over play the importance of what is an extremely minor player with hardly any public awareness.

Sales say customers dont care, the way OEMS treat Android shows they dont care about stock Android or anything else the Nexus has to offer. Usually the nexus doesnt even get basic features first. It took an update to 4.3 for the Nexus to get TRIM, yet some OEMs had added it to certain devices in ICS!

It has virtually no features of worth and sets the hardware standard VERY low. Its a very poor quality device indeed, it just has a fast CPU.

USA is full of isheep. Over here in India nexus devices weren't made available by Samsung. Until lg made the nexus 4,and offered both the white and black version. Now the nexus 5 has also been launched in 16 and 32 gig black and white. And both phones have lot of fan following here among those who understand android. While the "cool phone" crowd prefers Samsung devices and lately I saw lots of girls with Lumia devices.

Seriously I don't get where people think the n5 battery is far less superior than the HTC ones. Moto x, sure. But definitely not the HTC ones. Having owned both devices from day one, I get basically the same amount of battery out of each. And even with that, I'd give the edge to the n5.

I would highly disagree. My Nexus 5 will get me through a day of moderate use with about 20% battery left by 10 PM. I even live on the edge of good cell service, which causes a lot of battery drain trying to get better service. It is not the best battery in a phone, but its plenty enough for me and lots of other Nexus 5 owners.

I'm actually looking forward to picking up a G2 in 2 weeks time. I currently have a Moto X and love the phone, but I'm looking to up the specs a little bit in my next phone. I've heard nothing but good things about the G2 and can't wait to get it.

Good. LG deserves more attention. I don't understand why they're so underrated. I'm not saying that I don't like Samsung but there are too many people who think that android isn't good unless it's a Samsung device.

If it weren't for the awesome Samsung Galaxy Note 3, I'd be rocking an LG G2. I also like LG's TVs and home appliances, great quality and reliable. They'd do even better if they did more marketing/used more retailers for the G2 and G Pad 8.3.

Portions of this page are modifications based on work created and shared by the Android Open Source Project
and used according to terms described in the Creative Commons 2.5 Attribution License. AndroidCentral is an independent site
that is not affiliated with or endorsed by Google.